Aurora Innovation, Inc. (NASDAQ:AUR) is one of the Best Penny Stocks That Will Skyrocket. Recently, on February 12, Oppenheimer reiterated a Buy rating on the stock with a $15 price target. On the same day, Cantor Fitzgerald also reiterated a Buy rating on the stock with a price target of $12.
The ratings follow Aurora’s fiscal Q4 and full-year 2025 earnings announced on February 11. The company revealed major software updates and tripled its driverless network to 10 routes across the US Sun Belt. Moreover, management projects to be a positive free cash flow company by 2028 with more than 200 driverless trucks on the road by year’s end.
Oppenheimer noted that the company is making material progress and expects next-generation hardware to be available by fiscal Q3 2026. Notably, the positive rating by the firm is despite the company missing revenue estimates by $473,000. The sentiment is based on the company’s target of having 200 driverless vehicles by the end of 2026, which the firm calls “full commercialization” of the Aurora platform.
Aurora Innovation, Inc. (NASDAQ:AUR) develops the Aurora Driver, a scalable platform of self-driving hardware, software, and data services that powers autonomous operations across various vehicle types, from trucks to passenger cars.
While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.